The DOL Fiduciary Rule Is Final. Here’s What Is–and Isn’t–Different From the Proposal.
April 30, 2024 by Kenneth Corbin
After six months, 20,000 public comments, and threats of a lawsuit, the Department of Labor has issued a final rule updating fiduciary status for retirement advisors.
Although the regulation is fundamentally similar to the initial proposal, officials say they made some small but significant changes in response to public comments.
Originally Posted at Barron's on April 23, 2024 by Kenneth Corbin.
Categories: Industry Articles
